Transport Corporation of India Limited

NSEI:TCI Stock Report

Market Cap: ₹74.5b

Transport Corporation of India Past Earnings Performance

Past criteria checks 4/6

Transport of India has been growing earnings at an average annual rate of 17.2%, while the Logistics industry saw earnings growing at 17.6% annually. Revenues have been growing at an average rate of 10.4% per year. Transport of India's return on equity is 18.6%, and it has net margins of 9.4%.

Key information

17.20%

Earnings growth rate

17.24%

EPS growth rate

Logistics Industry Growth30.89%
Revenue growth rate10.36%
Return on equity18.60%
Net Margin9.36%
Next Earnings Update26 May 2026

Recent past performance updates

Recent updates

Analysis Article Feb 07

Transport Corporation of India's (NSE:TCI) Upcoming Dividend Will Be Larger Than Last Year's

Transport Corporation of India Limited's ( NSE:TCI ) dividend will be increasing from last year's payment of the same...
Analysis Article Jan 21

Transport Corporation of India (NSE:TCI) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 22

It's Unlikely That Transport Corporation of India Limited's (NSE:TCI) CEO Will See A Huge Pay Rise This Year

Key Insights Transport Corporation of India's Annual General Meeting to take place on 28th of July Salary of ₹105.2m is...
Analysis Article May 22

Impressive Earnings May Not Tell The Whole Story For Transport Corporation of India (NSE:TCI)

Despite posting some strong earnings, the market for Transport Corporation of India Limited's ( NSE:TCI ) stock hasn't...
Analysis Article May 17

Analyst Estimates: Here's What Brokers Think Of Transport Corporation of India Limited (NSE:TCI) After Its Yearly Report

Investors in Transport Corporation of India Limited ( NSE:TCI ) had a good week, as its shares rose 4.8% to close at...
Analysis Article Apr 08

Do Transport Corporation of India's (NSE:TCI) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
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New Narrative Mar 16

Expansion Into Chemicals, Renewables, And EMS Will Drive Future Success

Expansion into high-growth sectors and specialized logistics services could drive revenue and earnings growth through TCI Chem Log and industry developments.
Analysis Article Mar 02

Why Investors Shouldn't Be Surprised By Transport Corporation of India Limited's (NSE:TCI) Low P/E

With a price-to-earnings (or "P/E") ratio of 17.3x Transport Corporation of India Limited ( NSE:TCI ) may be sending...
Analysis Article Feb 14

Transport Corporation of India (NSE:TCI) Hasn't Managed To Accelerate Its Returns

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article Jan 30

Transport Corporation of India Limited (NSE:TCI) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Transport Corporation of India Limited ( NSE:TCI ) last week reported its latest quarterly results, which makes it a...
Analysis Article Dec 21

Should You Be Adding Transport Corporation of India (NSE:TCI) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 13

Is Transport Corporation of India (NSE:TCI) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 29

Transport Corporation of India Limited Just Recorded A 17% EPS Beat: Here's What Analysts Are Forecasting Next

As you might know, Transport Corporation of India Limited ( NSE:TCI ) just kicked off its latest second-quarter results...
Analysis Article Oct 09

Slowing Rates Of Return At Transport Corporation of India (NSE:TCI) Leave Little Room For Excitement

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Analysis Article Aug 23

Transport Corporation of India (NSE:TCI) Ticks All The Boxes When It Comes To Earnings Growth

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 31

Analysts Are Updating Their Transport Corporation of India Limited (NSE:TCI) Estimates After Its First-Quarter Results

Investors in Transport Corporation of India Limited ( NSE:TCI ) had a good week, as its shares rose 5.7% to close at...
Analysis Article Jul 21

Shareholders Will Probably Hold Off On Increasing Transport Corporation of India Limited's (NSE:TCI) CEO Compensation For The Time Being

Key Insights Transport Corporation of India to hold its Annual General Meeting on 27th of July Total pay for CEO...
Analysis Article Jun 28

Transport Corporation of India (NSE:TCI) Has Affirmed Its Dividend Of ₹2.00

The board of Transport Corporation of India Limited ( NSE:TCI ) has announced that it will pay a dividend on the 26th...
Analysis Article Apr 04

Investors Don't See Light At End Of Transport Corporation of India Limited's (NSE:TCI) Tunnel

With a price-to-earnings (or "P/E") ratio of 20.3x Transport Corporation of India Limited ( NSE:TCI ) may be sending...
Analysis Article Feb 07

Transport Corporation of India Limited Just Missed Earnings - But Analysts Have Updated Their Models

Transport Corporation of India Limited ( NSE:TCI ) missed earnings with its latest third-quarter results, disappointing...
Analysis Article Feb 05

Transport Corporation of India (NSE:TCI) Is Due To Pay A Dividend Of ₹2.50

Transport Corporation of India Limited ( NSE:TCI ) will pay a dividend of ₹2.50 on the 2nd of March. Including this...
Analysis Article Nov 05

Transport Corporation of India (NSE:TCI) Is Paying Out A Dividend Of ₹2.50

The board of Transport Corporation of India Limited ( NSE:TCI ) has announced that it will pay a dividend on the 29th...
Analysis Article Jul 08

Transport Corporation of India (NSE:TCI) Has Announced A Dividend Of ₹2.00

Transport Corporation of India Limited's ( NSE:TCI ) investors are due to receive a payment of ₹2.00 per share on 30th...
Analysis Article Jun 23

Transport Corporation of India (NSE:TCI) Has Affirmed Its Dividend Of ₹2.00

Transport Corporation of India Limited ( NSE:TCI ) has announced that it will pay a dividend of ₹2.00 per share on the...
Analysis Article Nov 03

Transport Corporation of India's (NSE:TCI) Dividend Will Be Increased To ₹2.50

Transport Corporation of India Limited's ( NSE:TCI ) dividend will be increasing from last year's payment of the same...
Analysis Article Sep 17

Transport Corporation of India (NSE:TCI) Could Become A Multi-Bagger

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Analysis Article Aug 16

Does This Valuation Of Transport Corporation of India Limited (NSE:TCI) Imply Investors Are Overpaying?

Does the August share price for Transport Corporation of India Limited ( NSE:TCI ) reflect what it's really worth...
Analysis Article Jul 21

Transport Corporation of India (NSE:TCI) Is Increasing Its Dividend To ₹2.00

The board of Transport Corporation of India Limited ( NSE:TCI ) has announced that it will be paying its dividend of...
Analysis Article Jul 07

Transport Corporation of India (NSE:TCI) Will Pay A Larger Dividend Than Last Year At ₹2.00

The board of Transport Corporation of India Limited ( NSE:TCI ) has announced that it will be increasing its dividend...
Analysis Article May 13

With EPS Growth And More, Transport Corporation of India (NSE:TCI) Is Interesting

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article Feb 15

We Like Transport Corporation of India's (NSE:TCI) Returns And Here's How They're Trending

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article Jan 31

Transport Corporation of India (NSE:TCI) Will Pay A Larger Dividend Than Last Year At ₹2.00

Transport Corporation of India Limited's ( NSE:TCI ) dividend will be increasing to ₹2.00 on 25th of February. This...
Analysis Article Jan 26

Here's Why We Think Transport Corporation of India (NSE:TCI) Is Well Worth Watching

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Analysis Article Jan 04

We Think Transport Corporation of India (NSE:TCI) Can Manage Its Debt With Ease

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Revenue & Expenses Breakdown

How Transport Corporation of India makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:TCI Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2547,8314,4792860
30 Sep 2546,8144,3412860
30 Jun 2545,9734,2792860
31 Mar 2545,0314,1242860
31 Dec 2444,0534,0042570
30 Sep 2442,6023,7892570
30 Jun 2441,3293,5952570
31 Mar 2440,3763,5082570
31 Dec 2339,3653,3012370
30 Sep 2339,0133,3652370
30 Jun 2338,4093,2182370
31 Mar 2337,9453,1732540
31 Dec 2237,2003,2131880
30 Sep 2235,8923,1741880
30 Jun 2234,7783,2051880
31 Mar 2232,6912,8961880
31 Dec 2132,6152,6882180
30 Sep 2132,3022,2872180
30 Jun 2131,0561,8992180
31 Mar 2128,1411,4712200
31 Dec 2025,8851,1862260
30 Sep 2024,8891,1082260
30 Jun 2024,7411,1222260
31 Mar 2027,2811,4242260
31 Dec 1928,0231,5572040
30 Sep 1928,0591,5482040
30 Jun 1927,9771,4912040
31 Mar 1927,6431,4442040
31 Mar 1823,5601,2321860
31 Mar 1719,4258071890
31 Mar 1617,2705611180

Quality Earnings: TCI has high quality earnings.

Growing Profit Margin: TCI's current net profit margins (9.4%) are higher than last year (9.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TCI's earnings have grown by 17.2% per year over the past 5 years.

Accelerating Growth: TCI's earnings growth over the past year (11.9%) is below its 5-year average (17.2% per year).

Earnings vs Industry: TCI earnings growth over the past year (11.9%) exceeded the Logistics industry 11.9%.


Return on Equity

High ROE: TCI's Return on Equity (18.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 20:36
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Transport Corporation of India Limited is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bhavin Gandhi360 ONE Capital Market Private Limited
null nullAsian Markets Securities Private Limited
Mukesh SarafAvendus Spark